Stocks Fall as Trade Concerns Weigh; Dollar Drops: Markets Wrap
- Walgreens surges after report of KKR approach; Boeing gains
- European equities steady; gold, West Texas crude pare losses
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U.S. stocks fell amid concern that the U.S. and China are struggling to get an initial trade deal done. The dollar declined.
The S&P 500 headed for its first fall in four sessions in trading more than 20% below its average of the last 100 days. President Donald Trump’s tariff comments over the weekend sparked the decline after trade optimism sent stocks to multiple records last week.